26 - Compound Interest Formula & Exponential Growth of Money - Part 1 - Calculate Compound Interest

[@davidball7712]

65 years later, and now I find the Math teacher I've been looking for.

[@mazam2014]

No - 65 year later you are mature enough to understand those concepts 😂

[@elizabethmackey793]

I agree with you David

[@jawaherfadhel194]

True!

[@tommyharris5817]

The Chinese saying: it's better to learn for 1 year under a good teacher than 100 years under a bad teacher

[@aztecwarrior7678]

Ian 66 and finally understand !!!

[@transmoonlife]

In fact, learning process is in fact governed by Compound Interest, The more you practice (componding), the more you learn. All our knowledge, experience etc, can be viewed from this compound formula. Thank you Sir, your teaching is great.

[@FooLaiNee]

Well-put! :)

[@samuelselassie1575]

Ok, let me explain it this way...as a professor, you have earned a compound interest from everyone appreciation, appreciation.....appreciation. I also have observed w/in 48 minutes that your smart brain and a good heart by taking your time to educate people about debt.

[@Backstabbio]

The question is how much money would I have saved if I had this guy as a math teacher 25 years ago...

[@mohamedismail6273]

I really don't know why I am going to school they Just write down problems without understanding anything

[@verlietyrell5572]

Inn h.c USC

[@bossladybee8323]

Agreed 👋🥹

[@samabreez8746]

How old are please

[@ziondesignKreationz305]

A staggering amount of money basically

[@deeparaut8906]

You are real Math Teacher Makes us to understand properly

[@JuliafromOttawa]

You are an amazing math teacher and really explain the concepts well. Many years ago I did an undergraduate degree in math because it was so easy and fun. I continued my studies with several post-graduate degrees, not in math and have had an amazing very successful career. Now that I am retired, I have gone back to studying math as a hobby; your lessons have been instrumental in re-sparking my interest. Thanks so much!!

[@swadeshtaneja3512]

Same for me a hobby now.

[@vh5200]

This teacher / instructor is soo good!! He explains the process step by step in order to helping people understand the theory. I am happy find this Chanel.

[@tw8725]

This lesson is much more practical than most classes I have taken in college. Thank you so much!

[@cesarroldan6671]

You're such a great tutorial instructor ever.

[@Nightcrawler58]

SIR Mr. The professor Jason!! You are truly an incredible teacher. God bless you We all you

[@haja4192]

I spent almost one hour searching in google for the concept of other than annual compound rates. This was an amazing explanation makes us to understand the concept rather than memorizing it. Thank you so much

[@TheRobimac00]

This teacher is one of the best I have seen... ( I am almost 78.)

[@yisakabreham6541]

happy 80th birth day

[@babansatpute8424]

Splendid way of explaining. I never wanted to study Math before but my dad forced me to watch this video and I really enjoyed learning it .Thankyou very much. I am looking forward for more videos and learn better.

[@kyawzinthant8442]

I am not worried about maths and science anymore. All I need is time to watch your video. Thank you again, Sir.

[@market_makers_maker]

Many years and I was listening to teachers who themselves didn't understand the concept. Thanks for explaining it thoroughly. Wondering all those days I didn't search it till this moment 🙉. keep it up.👍

[@Alex-xy3vr]

Bless your soul sir you are a true and worthy INFLUENCER I realize the entire universe is made of infinite amount of math and knowledge!!

[@alfredoserra4277]

You are truly a great teacher for having me understand the power of compounding.I have very much appreciated all your teaching which I haven’t learned on my younger years.

[@samuelmartis5699]

Thank you so much Jason. I've been looking for a Guru who could explain to me the real meaning of 1 in the formula. I've found one in you. It's not so hard to understand the formula except for the number 1 in the bracket. It makes sense when you explain it as distribution of multiplication over addition. It did not make sense when many teachers say it is hundred percent or.... Keep up the great service.

[@MathAndScience]

You are very welcome!

[@wcorrea27]

After 54 yrs I found a math teacher that I can understand. I was lost on the last part with the log but I will watch a few times like you suggested to see if I get it. Thanks.

[@amit28111]

Thanks, you have the gift of making people understand,

[@JacquelineSALEU-jo4ns]

I'm actually one of those students who asked my math teacher why study maths. I didn't like numbers. Today, with a growing interest in investing, I'm finally appreciating numbers and especially compound interest. N I love that line by Albert Einstein. 'He who knows it, erns it. He who doesn't, pays it" 💪😉

[@bucs2021]

You want to learn, stick to Mr. Gibson teaching method. He is unique on determination to give knowledge. Not learning is NOT an option with Mr. Gibson. It is pleasure going through his videos.

[@jazzman642]

I needed to help my grandson with his math and all I had was the equation- no example or explanation and no “n”. Thank you for explaining so it all makes sense. Didn’t even need to watch the whole thing to get it.

[@robin.vlogging]

You are a genius Sir. One thing is to have the knowledge another is to know how to convey it and share it to others. GOD bless you are the REAL INFLUENCER that changes for better lives of thousands of people making an unmeasurable positive impact in our short existence. I am your fan forever. I will subscribe to your official web page and maybe collaborate a least a little bit because I am still a student. You don't' just deserve economical abundance you deserve all the good things. Love you Sir!🙌🙏🙏

[@samabreez8746]

The truth i knew about compounding interest but never understood it,, you made me understand it even more deeper thanks teacher

[@dadatemitope3766]

I have been following all your works i come across on KZbin and i love them all. I wish i could have all the lessons from basic level to expert level.

[@MathAndScience]

Wow, thank you!

[@genevieve-vr4en]

@@MathAndScience good morning Sir.. Any video for bank discount in finance?? I have seen many but yours would be more basic and easy to understand..

[@felixyongco1168]

He is god's gift teacher. I did not learn this subject in my engineering learning.. We were more of parabolas , hyperbolas ellipse and functions up to integro- differential... very hard.. The best teacher in the world

[@rinnguyen-vnde]

Been afraid of maths my whole life now i've found a teacher that makes me understand what it took them 3 high school years to teach me in just 48 mins T__________T

[@kuolagoot1797]

I am loving his sophisticated in math industry. And this will educated whom has courageous in math for living. Loved its because it's professional skillful.

[@gentlybuzzedpodcast392]

Man, I guess a lot of people just want FAST MONEY these days and not having to work and have patience! Excellent explanation and I love your teaching as well!

[@emmettakseli7135]

Gently Buzzed Podcast l

[@emmettakseli7135]

L

[@emmettakseli7135]

L

[@emmettakseli7135]

L

[@emmettakseli7135]

L

[@niallfinn7109]

Well done jason...i can see a future where online learning replaces schools...and if your lessons are anything to guage the future by...the future is bright

[@richardmwambanga2423]

I enjoyed math today more than I did in school!!! I actually did the math too!

[@frankroca7564]

The best teacher ever!

[@mikeg8335]

Excellent, clearly explained with just the right amount of reiteration etc. for me!

[@ashokekumarsen7919]

This professor is brilliant

[@cyberawm1158]

yes

[@sayed8172]

The best explanation on the planet

[@edwardkepwela5869]

thanks for the video coz that really gave me a clear idea on how to explain compound interest to my students

[@lenas1281]

His way of teaching is gorgeous

[@FekaduTesfazion]

Ey yo are you flirting 🫦 with him

[@mikehipparchusnewton7436]

It's no wonder this guy was seen in mission control at NASA rather than just teaching in a classroom. He clearly understands what's going on behind the math more than most people. Obviously, the doubling exponential function is y=2^(x). The inverse of that would be log2(y)=x. Exponential functions will always outgrow linear functions, if you give them enough time. I'm just watching this as a preview for the coolest number around: e.

[@JapaDollar]

I used to hate maths. I wish I had a teacher like you.

[@RegimeChangeEritrea]

Very clear explanation. Excellent teacher.

[@HadijaYakubu-hg2go]

Wow I really appreciate for your help bcoz I never understand compound interest thank you so much God bless you

[@tafadzwachinayi6526]

Well explained .. thanks to you Legend. Best math teacher ever! I've been following yr tutorial videos. keep up with the good work.. applauding!

[@bibiansambou2698]

Your explanation is clear and I like your teaching

[@Xardas_]

It's no longer over my head. thank you !

[@papelascahobas3120]

I enjoy this part, of the lesson. I never understood the formula when I was in School. 65 yrs ago

[@baskarv7975]

Dear Jason , You are amazing teacher

[@rahulalbert5395]

Sir you are really a blessed professor

[@josephmigila]

what a great information you have broken down into an easy way of understanding. bless you

[@samejom]

Very well explained.Much appreciated.How does it work for compound interest calculated daily? What would be its formula? Thanks.

[@anaherrera3588]

you would use 365 for daily. Just like 12 for monthly, 4 for quarterly, and 1 for annually.

[@anaherrera3588]

play video at 32:43

[@ironBird83]

As dumb and effed up as I am with maths... I understood exactly how this eighth wonder of this world.

[@eag618]

Wow, wish they taught this subject of investment in school, like they didn't want us to know, truly amazing teacher you are, great I can now show the grannies what to do 👍👍👍

[@donnaberube5480]

thank you for the explanation...I wish we could find 50% interest rate compounded daily. I did find 5.10% for 10 months.

[@faithhuxham3801]

Thank you I always have a ton of trouble with Maths but the way you explained it is awesome I finally understand compound interest. Thank you so much your videos are SO helpful.

[@swadeshtaneja3512]

The value of the money is also depreciated every year. It’s buying power for different items changes.The coffee which was 10 cents in 1968 is now three to four dollars..

[@TurtleCat666]

its was getting easier until 43:11 where do logs come in from and are the super necessary to use?

[@kimberlykyle6451]

I am 47 -years old back in school. I was struggling and crying trying to complete my math class. I just sat here for 40 min listening to you explain math in a way that I truly understood. then you lost me on the log of?

[@agbewowoelecollinskofi4736]

Wow, this is quite insightful. I wish I knew this 15 years ago.

[@sandipgupta4946]

Excellent concept teaching sir

[@braziltokyoschool]

Amazing class! Thank you very much. Greetings from Brazil.

[@ntanileonardnsodzeka481]

Thank you for sharing this knowledge to the world sir. You are a genius

[@swadeshtaneja3512]

You are an excellent teacher for sure.

[@ig465432]

Excellent video! I really finally understand compound interest.

[@geemageevarghesekuruppan6806]

super....described from the bottom.... kids will understand all concept, theory and practical applications...super..

[@adityac5423]

what a banger of a vid....thouroughly enjoyed this sir...

[@JakeandAnnie]

Also need to take any dividend growth into consideration.

[@karimvalimohamed6866]

nicely done, thank you! asking my students to check out your video.

[@ajaynarayankutty3507]

You Are Awesome. Perfect Math Teacher 🙌

[@ClodoaldoMarques-v8n]

super video professor... I admire your my friend..... thank you very much.

[@JonasSMpande]

Your lessons really help

[@cherise1705]

i'm watching this the day before my SAT :)

[@mr.militant781]

Thank you for simplifying compound interest for me

[@danielcooper5698]

Can you help me solve this? I have $10,000 invested at 20% interest per year, compounded daily. BUT, in order for me to collect the interest (and reinvest it) I have to pay 40cents (regardless of how many days of interest have accumulated). What is the optimal number of days that I should wait to collect my interest and reinvest it?

[@niceguy4801]

Thankyou so much for the effort to make us students understand it sir

[@carlosramongarcesroyero]

in the example of saving money, minute 10.13, in the website, it is an example of compound interest with contributions, where contributions are monthly, and compounding annually. What is the formula is this case? The formula that I normally use is accurate when period of contributions, and compounding period is the same, for example, monthly contributions, and compounding monthly. However when the contributions are monthly, and compounding annually, the result is not accurate. I'd really appreciate to know what is the formula behind the calculation of the example in this video. Thank you.

[@brightonseleli2531]

Wow this video has really helped me a lot.....you the best 👏👏

[@carolrowe3695]

I understand this for the first time.

[@valeriebouffard1818]

Very well explained thank you so much

[@irenejohnston6802]

8% we should be so lucky! Basic bank savings is at an all time low. 0.01% HSBC uk Cash ISA is zilch now. Soon b putting my money under the bed! Love yr teaching method by the way. Cldve done with you at school, I'm 81yrs old.

[@MathAndScience]

Thanks so much!

[@notjust.ohemaa]

Great teacher, great lesson.

[@Fruhusnisse]

Do you have examples and calculations of compund exponential growth which including adding a fixed sum every month? You mentioned saving each month, but not much was explained as with the one-time-deposit.

[@peterbradshaw8018]

Exponential decay is also important to understand not to pile on depreciating assets.

[@tresajessygeorge210]

THANK YOU... SIR...!!! GREAT TEACHER...!!! AGAIN...!!!

[@amonalysa1876]

For me, the problem part is log

[@neerajjain2459]

Difficult thing but ery easily explained ❤

[@peacebwithu7998]

Thank you for your videos 🙏 What banks give 8% interest? I googled it but so many sites open up and I’m not sure which is right. I’m afraid of getting scammed. Which banks in California give 8% interest?

[@fesalvehbi6511]

Best explanation on here thankyou

[@beloved3tmosil363]

Is there any difference between the interest got by compounding 8% annually and compounding 2% quarterly???

[@KarenCrispen-se4ir]

This was very informative until he started talking about log rhythms and I had no idea what he was talking about and he didn’t explain that. He did well explaining up until that point

[@famlit.]

GREAT EXPLANATION

[@siddhantkohli5063]

you're a really great teacher God bless you !

[@christopherbrownlee4587]

Start the .01(2)^0 the zero exponent is critical because at Day 1 you will have .02 not .01. Your ending will be at 10,737,418.24 for day 30. Day 30 Linearly will be 300,000. Day 1 is 10,000...Day 1 for this example is .02....

[@FekaduTesfazion]

Your a genius

[@aztecwarrior7678]

So,, on the 3nd quarter do you use the original principal or the new principal that you earned on quarter 2??

[@Nick_BRZ]

Don’t forget about that 2%-4% annual inflation eating into your compound interest. Gotta love that FIAT money

[@MathAndScience]

Lol yes of course. Tried to keep it simple here but in real life money loses value every year which isn’t cool.

[@ggcvbvnbcby1424]

​@@MathAndScienceso sir wouldn't the value be 9.5

[@GotchaplumberGotchahvac]

Great lesson. Do you have a time machine(in rewind mode) to give me back about forty years? Lol.

[@vincentramaremelaramarimel6136]

You are the best bro, thanks 😊

[@radekhurkaa8610]

very good lesson

[@zuhairalsaffar7001]

Thank you sir for the perfect explanation l like your way of teaching l hope l will meet you one day

[@MathAndScience]

Thank you so much!

[@lisamccray6481]

Save and save often.

[@sairam2234]

thank you sir we love your way of explanation